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Scaling Solar Irrigation to Fight the Global Food Crisis: Why Subsidies Could be the Solution
COVID-19 has triggered a global food emergency, as the number of people facing starvation could double to 265 million by the end of 2020. Samir Ibrahim at SunCulture explores how solar-powered irrigation systems can help smallholder farmers combat this crisis by drastically improving their yields – and discusses three reasons why smart subsidies can address the affordability barrier.
- Categories
- Agriculture, Coronavirus, Energy
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Impact Investing App GoParity Launches First Green Energy Project in Africa
GoParity, an impact investment platform based in Portugal and with more than 2.1 million euros of investment raised for environmentally and socially responsible projects is now launching its first project in Africa.
- Categories
- Energy, Environment, Investing
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Viewpoint: First Summit of Global Development Banks Must Deliver on Ending Fossil Fuel Finance
Governments worldwide plan to produce 120% more oil, gas and coal by 2030 than is compatible with 1.5C warming limit - supported by huge volumes of public money
- Categories
- Energy, Environment
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Viewpoint: Will COVID-19 Accelerate the Renewable Energy Transition in Emerging Markets?
With new data showing that global carbon emissions are rebounding more quickly than expected after coronavirus lockdowns are eased, questions are being asked about the prospects for renewable energy projects in emerging markets.
- Categories
- Coronavirus, Energy
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Africa Needs to Regain Momentum on Electrification Effort, Says IEA
COVID-19 pandemic knocked the continent off its course of extending access to reliable energy to over half of the world's population that still lack access to electricity.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Press Release: Bangladesh-Based Clean Energy Firm SOLshare Successfully Closes US$1.1 Million Financing Round With Support From IIX Impact Partners
IIX Impact Partners – the world’s most successful debt and equity crowdfunding platform for impact investing – has supported Bangladesh-based off-grid solar energy firm SOLshare in closing a US$1.1 million financing round. Investors include innogy New Ventures LLC – the venture capital investment arm of the German utility firm innogy SE— the investment arm of Portuguese utility firm EDP Ventures, as well as new angel investors from around the world. Funding will be used to bring smart solar microgrids to off-grid, underserved communities in Bangladesh, putting SOLshare on track to positively impact 2.5 million people by 2023.
- Categories
- Energy, Finance, Technology
- Region
- Asia Pacific
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Four Key Challenges Facing India’s Local Energy Enterprises During COVID-19 – And 16 Ways Funders Can Help
COVID-19 has had a devastating impact on last-mile energy companies. SELCO Foundation recently conducted surveys and conversations with 33 local Indian energy enterprises about the challenges they're facing. Sarah Alexander explores what these businesses shared about how governments, investors, philanthropies and other stakeholders can support them.
- Categories
- Coronavirus, Energy, Finance, Social Enterprise
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A New Approach to Scaling-Up Renewable Power in Emerging Markets
Solar energy has emerged as a key solution to improving access to clean and affordable energy
- Categories
- Energy, Environment
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